How much money?

[Vegosiux]

Right! Hypotheticals time! You know how I hate those things, so it's only fitting that I make a thread with one!

Question is twofold: Assuming you could ask for as much money as you think you could spend in your life on the condition you never, ever earn another dime, how much would that be, and why?

Rules:
-Note the "you thing you could spend" part; do not go for amounts you cannot justify
-Keep it realistic. No, you're not going to build a Death Star or buy Ganymede's northern hemisphere, so don't try to pull a ridiculous amount with those
-No "setting aside for a rainy day", assume it's all flowers and sunshine from here on
-Spending on potential family members allowed, but no more than one generation in either direction
-If you'd be spending a lot of money on a fancy item, note what it is (such as, I dunno, "a hand-crafted katana with an authenticity certificate" or something)

Me? Well, I don't intend on having children, and I don't have a need nor want for bling and swag. If I assume ~50 more years, give or take, I think I'd be well "on the safe side" with 5 millions (EUR, that is), which leaves me at about 100k/year, which is more than I can see myself spending right now, but let's assume I'd buy a more comfortable place that needs to be maintained, and spend a bunch on gadgets and stuff. Maybe even some on traveling a little to places I've always wanted to go to and visiting my across-the-world friends. And whatever's left over is spread to my sister's family, and my friends.

That's of course, not adjusted for inflation or any potential economy mess-up because, really, I have no clue what the economy will be like in 15 years.

 

[Launcelot111]

Important question: could I be a venture capitalist with my money or invest it or go to Vegas with it or do something to earn money that has an element of risk and potential loss? (ie something other than a job)

If not, I'd say about 15 million. Enough to send the kids to nice schools and college, go on a couple trips every year, buy a nice house in a metropolitan area, and live comfortably on the rest. I could do with less probably, but if there's free money, it doesn't hurt to take a little extra.

If I can invest it or gamble with it, I'd probably go for a couple hundred million and have some fun with it. I'd probably back a lot of aspiring restaurateurs with the stipulation that they must have one specific dish I like.

 

[Eleuthera]

I think your 5M is about right. there'd be a few larger purchases at the start (a house, pay-off student loans, some fun stuff), but after that I should be set for life on just the interest. So if we go for spend it all before you die (or as you die) I think it could even be a bit less, 3M maybe?

 

[SckizoBoy]

Hmmm...

On the basis that I live until I'm about 75 and inflation doesn't happen...

Three quarters of a million on a house (they're fucking expensive in my neighbourhood)
Three grand a year on groceries (Waitrose, bitches!)
Five grand on bills (including council tax)
Two and a half grand a year on random crap I buy (WH40K stuff, books, clothes etc.)
A grand a year on holidays (average-ly)
Roughly two hundred & fifty quid a year or PC hardware upgrades (inclusive of wholesale replacements etc.)
Quarter of a million per kid I have

So that's about two million quid sterling excluding my medical insurance and anything I'd have to spend on the missus (to be)! ¬_¬

 

[Davatehi]

I don't know. How much would it cost to get austronaut training and fund a spacetrip to the moon? Because I would need that amount of money.

 

[babinro]

My life is simple as I pretty much live off of 10,000 a year now.
I could probably survive another 50 years with less than 2 million dollars and be really happy.

With more I'd naturally get into unnecessary luxury purchases like every magic card ever made, an epic D&D tabletop setup, servants in the form of a personal chef and maid, etc

 

[Longstreet]

About 40 million, since taxes will take about half that, so i am left with what i actually need.

So basically i got cash for a house, car (and driving lessons for it), a whole lot of fun stuff including games / concerts and booze.

Might even fund my own business, since why not, got enough cash anyway.

 

[Pinkamena]

I don't think I understand the question. I'd just ask for as high amount I could think of. Like, a googelplex dollars or something. Set for life!

 

[spartan231490]

Right! Hypotheticals time! You know how I hate those things, so it's only fitting that I make a thread with one!

Question is twofold: Assuming you could ask for as much money as you think you could spend in your life on the condition you never, ever earn another dime, how much would that be, and why?

Rules:
-Note the "you thing you could spend" part; do not go for amounts you cannot justify
-Keep it realistic. No, you're not going to build a Death Star or buy Ganymede's northern hemisphere, so don't try to pull a ridiculous amount with those
-No "setting aside for a rainy day", assume it's all flowers and sunshine from here on
-Spending on potential family members allowed, but no more than one generation in either direction
-If you'd be spending a lot of money on a fancy item, note what it is (such as, I dunno, "a hand-crafted katana with an authenticity certificate" or something)

Me? Well, I don't intend on having children, and I don't have a need nor want for bling and swag. If I assume ~50 more years, give or take, I think I'd be well "on the safe side" with 5 millions (EUR, that is), which leaves me at about 100k/year, which is more than I can see myself spending right now, but let's assume I'd buy a more comfortable place that needs to be maintained, and spend a bunch on gadgets and stuff. Maybe even some on traveling a little to places I've always wanted to go to and visiting my across-the-world friends. And whatever's left over is spread to my sister's family, and my friends.

That's of course, not adjusted for inflation or any potential economy mess-up because, really, I have no clue what the economy will be like in 15 years.

Frankly, I could spend as much money as I was given. 5 mil, 20 mil, 100 mil, probably anything short of 10 billion dollars I could spend in a remarkably short period of time.

First: I would travel the world and dedicate myself to the study of martial arts for at least a decade, maybe 15 years. Spend a roughly equal amount of time on Muay Thai, Krav Maga, and Karate, maybe throw a little bit of time at Savate and ju-jitsu.

Second, I'd buy an island, a private island, beyond the authority of any government. Then, I'd build a self-sufficient dream home. Then I'd get top of the line sporting gear, fishing, hiking, hunting, and that includes a bass boat and an atv. Then I'd buy a number of books that shoots right beyond obscene to create 2 or even 3 complete libraries. Then cars, definitely get an old corvette. Then I'd get a custom built high powered rifle with an extremely expensive scope, then a custom AR-15, then a Custom Coonan Classic handgun. Then I'd get a full reloading set-up and stock it extremely well. Then a full lab, complete with equipment like NMR, and GC, as well as advanced machining tools and a whole bunch of chemicals. Basically everything I need to tinker around with physics and chemistry as much as I want in my free time. Then a the best hand-crafted recurve/long bow money can buy. Then I'd stock up one fucking hell of a liquer cabinet.
Finally, I would probably buy out a few companies so that I could have any and all of the above maintained, restocked, and repaired, for free. Since I can't ever make money again.

That's not even talking about the collector-item stuff I would get into if I had money left over, I would collect firearms, swords(modern), weapons(historical), and cars, but I could spend about a truly obscene amount of money on any one of those if I had it. Lastly, before I buy any of this, I have student loans to pay off, and I'm not gonna hit a windfall like this without helping my family, so I'd pay off the car loan and mortgage and any other debts for every person in my family, and probably set up a huge trust so none of us would need health insurance ever again.

Then, whatever is left, goes into college funds for my niece, nephew, and 8 younger cousins to go to college. Any immediate family member gets the money to buy a decent house and car.

Oh, lastly, walk in to a bar and buy the whole place a round of top shelf, in cash, just to know what it feels like.

 

[Dirty Hipsters]

I think this is kind of a dumb question, because I could realistically spend ANY amount of money you give me. I mean, you see it all the time with lottery winners, where they'll get like $85 million dollars from the lottery, and they think "well I'll never be able to spend all this money" and then 10 years later they're completely broke.

 

[Scarim Coral]

I would like to think it would be about a million as I think that is the bare amount to have when I consider myself to be rich. I don't need to buy the most fancy and expensive items and I should still be on the look out on sales and value of savings.

 

[Queen Michael]

1,473,573,102,562,013,265,287,132,876,364,176,891 dollars and 38 cents.
I'll be building thirty-eight death stars. And I promise you, I'm being completely realistic.

 

[omicron1]

Around 300 million dollars. At that point interest alone will provide me with an upper-crust lifestyle FOREVER.

 

[floppylobster]

3 million. I'm older so don't need as much (less years before I die).

 

[sneakypenguin]

It would have to be about 20 million min, hell assuming standard inflation i'll need about 2 million at 65 just to live at average household income per month fro 20 years. That said I could spend anything I got just imagine the investment opportunities!

 

[Bestival]

Well I earn dogshit atm, around 10k a year, maybe a little less. so assuming I get to 75, I won't have kids, and no inflation, I'd go for 750k. That's 15k a year.

I was actually unemployed for half a year in 2012, and spend 500 bucks a month on average. That's rent, insurances and groceries.

 

[Avaholic03]

I'm assuming by "never, ever earn another dime", that also includes no investments of any kind. Because even a crappy savings account paying .25% interest would generate $2500 per year on just $1M.

Realistically I'd go with $50M to be on the safe side. There are the few random big purchases: houses, cars, etc. But the vast majority of the money would be spent on family, and then the random costs of living, including the big ticket items that haven't yet been invented (who knows when the hovercar or robot servant will be invented). Plus, I gotta figure at the current pace of inflation, it'll cost probably more than $100k per year to live when I'm in my 70s.

 

[Bara_no_Hime]

3.5 Billion Dollars.

I want to own my own building in Manhattan to live in, and a private jet, and a boat. A private beach in the Hamptons. And servants - lots of servants. Cooks, drivers, maids, butlers, the works.

Oh, and since I can't make any money, any books I write I will need to give away for free on the internet. So I'll need a unique domain name and an advertising contract to advertise my books as if they are being sold, but then just give them away for free (as pdfs) or at-cost printed versions.

 

[Marik2]

100 billion dollars

I want to own lots of games across all generations and an ultimate gaming room with all the flashes and awesome PC. Lots of books that interest me like manga, comic books, and textbooks. Do lots of funding for sequels and projects that I want in some games and license visual novels and get them translated.

Buy a ton of anime and toys that I always want. Some nice replicas of shields and weapons from my favorite media. Give some money to my family in need, get a house and a really nice car that will last me.